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Characterizing pairwise strategy-proof rules in object allocation problems with money

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  • Hiroki Shinozaki

Abstract

We consider the problem of allocating a single object to the agents with payments. Agents have preferences that are not necessarily quasi-linear. We characterize the class of rules satisfying pairwise strategy-proofness and non-imposition by the priority rule. Our characterization result remains valid even if we replace pairwise strategy-proofness by either weaker effectively pairwise strategy-proofness or stronger group strategy-proofness. By exploiting our characterization, we identify the class of rules satisfying both the properties that are in addition (i) onto, (ii) welfare continuous, (iii) minimally fair, (iv) constrained efficient within the class of rules satisfying both the properties, or (v) revenue undominated within the class of rules satisfying the properties, and find the tension between minimal properties of efficiency, fairness, and revenue maximization under pairwise strategy-proofness.

Suggested Citation

  • Hiroki Shinozaki, 2022. "Characterizing pairwise strategy-proof rules in object allocation problems with money," ISER Discussion Paper 1187, Institute of Social and Economic Research, Osaka University.
    • Handle: RePEc:dpr:wpaper:1187
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    References listed on IDEAS

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    Cited by:

    1. Masahiro KAWASAKI & Ryosuke SAKAI & Tomoya KAZUMURA, 2023. "Sequential dictatorship rules in multi-unit objectassignment problems with money," Discussion papers e-23-007, Graduate School of Economics , Kyoto University.
    2. SHINOZAKI, Hiroki, 2024. "Shutting-out-proofness in object allocation problems with money," Discussion paper series HIAS-E-138, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    3. Di Feng, 2023. "Endowments-swapping-proofness and Efficiency in Multiple-Type Housing Markets," Discussion Paper Series DP2023-14, Research Institute for Economics & Business Administration, Kobe University.
    4. SHINOZAKI, Hiroki, 2024. "Shill-proof rules in object allocation problems with money," Discussion paper series HIAS-E-137, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    5. Di Feng, 2023. "Efficiency in Multiple-Type Housing Markets," Papers 2308.14989, arXiv.org, revised Dec 2023.

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